New Jersey Resources Corporation (NJR)

New Jersey Resources Income Statement

Financials in millions USD. Fiscal year is October - September.

Year	2023	2022	2021	2020	2019
Revenue	1,963	2,906	2,157	1,954	2,592
Revenue Growth (YoY)	-32.45%	34.75%	10.39%	-24.63%	-11.08%
Cost of Revenue	1,353	2,311	1,719	1,583	2,312
Gross Profit	610.48	595.16	438.04	370.81	279.6
Other Operating Expenses	203.48	188.69	149.69	141.9	115.05
Operating Expenses	203.48	188.69	149.69	141.9	115.05
Operating Income	407	406.48	288.35	228.91	164.56
Interest Expense / Income	123.01	85.83	78.56	67.6	47.08
Other Expense / Income	-30.01	-30.47	58.62	-38.19	-24.9
Pretax Income	314	351.12	151.18	199.5	142.38
Income Tax	49.28	76.2	33.29	36.49	18.44
Net Income	264.72	274.92	117.89	163.01	123.94
Net Income Growth	-3.71%	133.20%	-27.68%	31.53%	-46.91%
Shares Outstanding (Basic)	97	96	96	95	89
Shares Outstanding (Diluted)	98	96	97	95	90
Shares Change	1.18%	-0.07%	1.53%	6.15%	1.45%
EPS (Basic)	2.73	2.86	1.23	1.72	1.39
EPS (Diluted)	2.71	2.85	1.22	1.71	1.38
EPS Growth	-4.91%	133.61%	-28.65%	23.91%	-47.73%
Free Cash Flow	-21.37	-235.66	-183.34	-234.63	-291.61
Free Cash Flow Per Share	-0.22	-2.45	-1.91	-2.48	-3.27
Dividend Per Share	1.590	1.478	1.360	1.270	1.190
Dividend Growth	7.58%	8.68%	7.09%	6.72%	7.11%
Gross Margin	31.10%	20.48%	20.31%	18.98%	10.79%
Operating Margin	20.73%	13.99%	13.37%	11.72%	6.35%
Profit Margin	13.49%	9.46%	5.47%	8.34%	4.78%
Free Cash Flow Margin	-1.09%	-8.11%	-8.50%	-12.01%	-11.25%
Effective Tax Rate	15.69%	21.70%	22.02%	18.29%	12.95%
EBITDA	593.66	571.05	345.04	378.32	270.57
EBITDA Margin	30.24%	19.65%	16.00%	19.36%	10.44%
Depreciation & Amortization	156.65	134.1	115.31	111.22	81.11
EBIT	437.01	436.95	229.74	267.1	189.46
EBIT Margin	22.26%	15.04%	10.65%	13.67%	7.31%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).